Savings

For your long and short term goals

Whether you’re saving for retirement or a rainy day, Crossroads has the savings solutions to help you reach them. From simple, straight-forward solutions to more complex needs, we have you covered.  

Certificates of Deposit

• A reassuring savings option for a set period of time
• Minimum deposit of $5,000 for Standard Certificates of Deposit
• Minimum deposit of $10,000 for Special Certificates of Deposit
• Interest will automatically compound quarterly, other arrangements available
• Terms available from 91 days to 60 months

Individual Retirement Accounts (IRA)

• With guaranteed returns, an IRA CD is a smart choice for a balanced portfolio
• Minimum deposit of $1,000 for Standard IRA Certificates of Deposit
• Minimum deposit of $10,000 for Special IRA Certificates of Deposit
• Interest will automatically compound quarterly
• Terms available from 91 days to 60 months
• Insured separately up to $250,000 by FDIC

Statement Savings

• An easy way to begin building your savings
• Minimum balance to open account is $100
• Tiered interest
• Convenient transaction capabilities – add and withdraw funds as needed
• Free ATM card
• Maintaining a minimum monthly balance of $100 avoids a $2 monthly service fee

MAX Money Market

• An excellent and secure investment account
• Offers higher rates of interest for balances above $10,000
• Provides flexibility of having access to your funds
• Limited check writing privileges
• Access to your funds with a MasterCard® Debit card
• Maintaining a minimum daily balance of $10,000 avoids a monthly service fee of $10

Looney Tunes Savings Club

• A great way for kids to learn the value of saving money
• Designed for children up to 12 years old
• A minimum balance of $25 is required
• Interest credited quarterly

Christmas Club Account

• Excellent way to save for all those holiday expenses ahead of time
• Requires a $10 minimum balance
• Interest is credited semi-annually
• Account matures annually and funds are mailed out the first week of November
• Account automatically re-opens the next year after a deposit is made

Health Savings Account (HSA)

• A smart way to save for present and future medical expenses
• Interest is paid on a tiered schedule
• No monthly service fee for maintaining your HSA
• No enrollment fee to set up your HSA
• Free ATM/Debit MasterCard® card
• Funds contributed to your HSA account are tax-deductible* and earn interest on a tax-free basis
• Withdrawals are tax-free when used for qualifying medical expenses
• Any unused funds roll over until they are needed
• Must be covered by an HSA-qualified high deductible health plan to be eligible

Kickstart your savings today. Contact Us